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<br />~ <br />"TI <br />c: <br />n Z <br />~~~ <br />(")cn <br />~:x: <br /> <br />-< 0 <br />0 " <br />-..., .- ~ <br /> ""1 <br />j,,,:.... ~ '!1 <br />r- <br />,~ ";">- <br /> (rJ <br /> <br />~~c <br />n::t: <br />;ii'l\ <br /> <br />II <br />r- <br /> <br />;"'""...,:, <br />c'.;;) <br />~ <br /> <br />('") C/) <br />o -, <br />c1> <br />:z:--i <br />--i f"T1 <br /> <br />............" I <br />,,"... '~,,""'-. <br />:"::'1 '(.:. '" <br />r'; ('.':1'"'" <br />~-.:~ '';'' ~.':'.'.'."" <br />o \- <br />'.''1'"1 <br /> <br />-:"-::;Jf- <br /> <br /> <br />;.-.:: <br />l:'" <br />----- ---- <br /> <br />C~,,~;) <br />c:::: <br /> <br />........ <br />c...:> <br /> <br />~ <br />o <br />\5\ <br />o <br /> <br />[. <br />'1"~ <br />f~ <br /> <br />~ <br />\' <br /> <br />rv <br />-..J <br /> <br />I\.) <br />lSl <br />lSl <br />Q) <br />...... <br />lSl <br />...... <br />c..n <br />c.o <br /> <br />C") <br />P"l <br />1'1 <br />Cl <br />V) <br /> <br />lJ <br />::3 <br /> <br />G) <br /> <br />en <br />(f) <br /> <br />.__"^U State of Nebraska <br /> <br />Space Above This Line For Recording Data <br /> <br />DEED OF TRUST <br />(With Future Advance Clause) <br />D Construction Security Agreement <br /> <br />D Master form recorded by .. __ __ __ __ __ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is . __ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br /> <br />TRUSTOR: Michael A Bechtold <br />Kristal L Bectold <br />2512 K Street^~ <br />Ord. NE 68862 <br /> <br />~I <br /> <br />CJar <br /> <br />~I <br /> <br />(D~ <br /> <br />~ <br /> <br />'\:.S,,- <br />fA <br />,,/ C <br />......, <br /> <br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br /> <br />TRUSTEE: Old Republic National Title Insurance Company <br /> <br />BENEFICIARY: JMH Development. LLC <br />4665 W Capital Ave <br />Grand Island. NE 68803 <br /> <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Trustor's perfonnance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br /> <br />Lot 31. Country Meadows Second Subdivision. in the City of <br />Grand Island, Hall County. Nebraska <br /> <br />The property is located in <br /> <br />Hall <br /> <br />(County) <br />Grand Island <br /> <br />(City) <br /> <br />at 4109 West Ridge Ln <br /> <br />, Nebraska <br /> <br />68803 <br /> <br />(Address) <br /> <br />(ZIP Code) <br /> <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may <br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property"). <br /> <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall <br />not exceed $ TwentY:-:-J:l.ix__t.housand JJo.llars . This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />Security Instrument. <br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: <br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br /> <br />A Promissory Note dated 11/1/06 <br /> <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC. FHA OR VA USEI <br />~ 0 1994 Bankors Systems, Ine.. St. Cloud, MN Form RE-DT.NE 1/30/2002 <br />G -C165(NE) 103011 VMP MORTGAGE FORMS - (BOO)521-7291 <br />@ <br /> <br />""Ii' <br /> <br />(page 1 of 4) <br />W <br />